3 Bedroom Freehold Sold in Kempton Park Ext 2

R1,295,000

Monthly Bond Repayment R13,587.86
Calculated over 20 years at 11.25% with no deposit.

Web Ref PTR1220

Monthly Rates R1,052

Fantastic investment opportunity!

Nestled in the heart of Kempton Park x2, this property boasts not only a spacious 3-bedroom main house but also features a separate entrance leading to a cottage with 4 back double one-bedroom one kitchen units, with 2 showers and 2 toilets for communal use, this income-generating property is eagerly awaiting an enthusiastic investor to breathe new life into its potential.

Ideal for a family seeking both comfortable living and investment returns, the main house offers ample space. Plus a one bedroom flatlet. Meanwhile, the separate entrance provides access to the four double one-bedroom units, accessed through a convenient pipe handle driveway.

Ample secure parking space available at the back of the yard for residents and visitors alike.
Additionally, the property already benefits from prepaid electrical meters, simplifying management and ensuring efficient utility usage.

Don't miss out on this opportunity to invest in a property that offers both a comfortable family home and lucrative rental potential. Contact us today to schedule a viewing and explore the possibilities that await you.

Features

Pets Allowed No

Interior

Bedrooms 3

Bathrooms 1

Kitchen 1

Reception Rooms 2

Furnished No

Exterior

Security No

Parkings 8

Flatlet 5

Pool No

Sizes

Floor Size 295m²

Land Size 1,264m²

Kempton Park Ext 2, Kempton Park

Located in Gauteng, South Africa, is a vibrant area with a rich history and a promising future for both home buyers and sellers. The origins of Kempton Park date back to the 19th century when it was first conceived in 1859. The area was established on the farm Zuurfontein in 1903 and is believed to have been named after Kempten in Germany, the hometown of the farm's owner, Karl F Wolff. Alternatively, some suggest... More Info